In Gurgaon, rush for RERA registrations in last three days to avoid penalties
Between July 29 and 31, the last three days to apply, the RERA executive director’s office received more than 350 applications, which are yet to be examined and approved for registration.gurgaon Updated: Aug 02, 2017 23:44 IST
Builders from across Haryana made a rush to apply for registration with the Haryana town and country planning (TCP) department under the newly notified rules of real estate regulatory authority (RERA) Act between July 29 and 31 to avoid a 10% penalty.
Between July 29 and 31, the last three days to apply, the RERA executive director’s office received more than 350 applications, which are yet to be examined and approved for registration. The RERA office told Hindustan Times on Wednesday that most of the applications are from Gurgaon and many of them are from reputed builders.
The newly set up RERA office, which is being headed by executive director Dilbag Singh Sihag, is short of staff and working manually and the process of examining of documents of 350 applications will take couple of weeks, sources said.
A Gurgaon-based builder, on condition of anonymity said, “We applied for registration on July 29, a day after RERA rule notification. It was Saturday and there was complete chaos at Panchkula office of the RERA after a heavy rush of builders fearing penalty. The government is at fault for not making clear that registration could be accepted on draft rules applicable from May 1, 2017.”
He added that a penalty of 10 percent of total cost of project is a lot of money and builders have been put at risk for fault of the department.
The July 31 deadline was for developers who obtained licences from the Haryana TCP in past decades and have not yet got occupation or completion certificates.
Praveen Jain, president of the national real estate development council (Naredco), which was set up under the aegis of ministry of housing and urban affairs, said, “Naredco and other real estate bodies tried their best to create awareness in this regard. The government did not inform the builders on time resulting in chaos at the eleventh hour. We have appealed to the Haryana government to extend the time of registration.”
“We used all the events of Naredco and other real estate bodies to inform developers repeatedly about registration of draft rule from May 1, 2017,” said the executive director of RERA.
First Published: Aug 02, 2017 23:44 IST